11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC director Brad Dacus received a stock option grant for 50,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC CEO Robert William Dunn received a stock option grant for 75,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC President & General Counsel William H Avery received a stock option grant for 75,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC director Kent Siegel acquired 50,000 shares and disposed of 36,000 in a set of related equity transactions.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC VP & GM of Israel Branc Jeffrey Moskowitz received a stock option grant for 75,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC Chief G&G Officer Lee R Russell received a stock option grant for 50,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC director Paul Oroian received a stock option grant for 86,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC director Kent Siegel disposed of 36,000 shares via option/appreciation-right settlement.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC EVP & Chief Compliance Officer Brauman Martin Van received a stock option grant for 50,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC director John Seery received a stock option grant for 50,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC director Virginia Prodan received a stock option grant for 50,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC Executive Chairman John M Brown received a stock option grant for 25,000 shares.
11 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC director Gene Scammahorn received a stock option grant for 50,000 shares.
8 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC Executive Chairman John M Brown received a stock option grant for 75,000 shares.
8 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC EVP & Chief Compliance Officer Brauman Martin Van received a stock option grant for 75,000 shares.
8 Jan 2021director interest notice● Neutral
ZION OIL & GAS INC Chief Financial Officer Michael B. Croswell Jr. received a stock option grant for 75,000 shares.
1 Dec 2020securities registration● Neutral
Zion filed an amendment to its 2019 Dividend Reinvestment and Common Stock Purchase Plan prospectus supplement. From December 1, 2020, the cost of selling plan shares fell from $12 per sale plus $0.10 per share to $5 per sale plus $0.03 per share.
12 Nov 2020quarterly activities report▼ Bad
ZION OIL & GAS INC reported a quarterly net loss of $1.8 million for the period ended 2020-09-30.
27 Oct 2020listing compliance notice● NeutralMajor
ZION OIL & GAS INC's exchange filed to remove a class of its securities from listing.
21 Sept 2020security holder rights change● Neutral
Zion extended the expiry of ten series of warrants by two years each (for example ZNWAA from Jan 31, 2021 to Jan 31, 2023, and ZNWAL from Aug 26, 2021 to Aug 26, 2023), using its own discretion under the warrant agent agreements with AST. This continues the earlier practice of extending warrants, keeps the potential for new shares outstanding for longer, and the shares now trade on the OTCQX as ZNOG.
31 Aug 2020listing compliance notice▼ BadMajor
Zion told Nasdaq it is delisting its shares and moving trading to the OTCQX, rather than doing a reverse stock split to meet the $1.00 minimum bid price (Nasdaq had given it until September 8, 2020). The company says Covid-19 shutdowns in the US, Europe and Israel have delayed its operations, including drilling plans. This resolves the Nasdaq delisting thread from January 2020: the stock leaves Nasdaq voluntarily and the company says it will keep meeting its SEC reporting obligations.
10 Aug 2020quarterly activities report▼ Bad
ZION OIL & GAS INC reported a quarterly net loss of $1.9 million for the period ended 2020-06-30.
3 Aug 2020director interest notice● Neutral
ZION OIL & GAS INC President & Gen. Counsel William H Avery acquired 120,000 shares and disposed of 120,000 in a set of related equity transactions.
11 June 2020agm notice● Neutral
Zion shareholders at the June 10, 2020 annual meeting elected four Class III directors, ratified RBSM as auditor and approved executive pay in an advisory vote. They also approved raising authorized common shares from 200 million to 400 million.
14 May 2020agm notice● Neutral
Zion sent shareholders a reminder to vote ahead of its June 10, 2020 annual meeting, urging support for proposals giving it more flexibility to raise capital. It stressed that Proposal 2 needed votes from at least 50% of outstanding shares.
12 May 2020agm notice● Neutral
Zion filed a phone script in which Chairman John Brown urged shareholders to vote, and said the board recommended voting for all proposals at the June 10, 2020 annual meeting.
11 May 2020quarterly activities report▼ Bad
ZION OIL & GAS INC reported a quarterly net loss of $1.6 million for the period ended 2020-03-31.
16 Apr 2020agm notice● Neutral
Zion filed its proxy statement for the June 10, 2020 annual meeting, asking holders to elect four directors, raise authorized shares from 200 million to 400 million, ratify RBSM as auditor, and hold advisory pay votes.
16 Apr 2020agm notice● Neutral
Zion filed additional proxy materials (a DEFA14A form) for its annual meeting; the visible filing contained only the cover page and no agenda details.
18 Mar 2020asset acquisition disposition▲ GoodMajor
Zion bought an onshore drilling rig, drill pipe and related equipment from Central European Drilling kft (Hungary) for $5.6 million in cash, subject to acceptance testing and possible downward adjustment. A $250,000 deposit was paid Feb 6, 2020, then $4.35 million went to the seller and $1 million into escrow with AST until July 10, 2020, pending any finding of operating deficiencies. The rig is stored in Romania and must be imported into Israel, and Zion says Coronavirus restrictions make the timing impossible to estimate. This gives Zion its own rig, following the earlier arrangement with DAFORA.